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Day: February 17, 2015
February 172015
US Dollar Trades Mixed as Dollar Index Falls
US dollar is trading mixed today, heading higher against some currencies, but losing ground to others. The dollar index is lower today, thanks in large part to a surge in value by the euro. Dollar index is lower today as the greenback trades mixed against its counterparts. Some of the pullback in the dollar can be attributed to correction. US dollar has been stronger in the last year, and that is starting to put […]
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February 172015
Euro Recovers Earlier Losses on Hopes for Greek Talks
After Greek talks broke down earlier, the euro plunged against most of its major counterparts. However, the 19-nation currency has recovered and moved higher as investors and Forex traders take a step back and re-evaluate the situation. Euro is mostly higher right now, after plunging dramatically earlier in the session. The drop to the euro was precipitated by a breakdown in talks over what to do about the Greek bailout. With talks breaking down, […]
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